1. New Jersey
2. Newark City
3. 135 S 15Th St

135 S 15Th St, Newark City, NJ 07107

• 8 beds |
• 6 baths

Property Description

Investor's Opportunity in Newark's Fairmount Neighborhood!Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it's a solid addition to any portfolio seeking reliable cash flow in one of Newark's most promising neighborhoods.* Three-family property in Fairmount, Newark* Fully occupied with dependable, long-term tenants* Rent-controlled " offering security and consistency* Strong investment return with a 4.9% cap rateIdeal for investors seeking a turnkey property with built-in stability and long-term value.

Listing Status:

Active

Listing Office:

COLDWELL BANKER REALTY : 201-212-5026

MLS ID:

3990126

Interior

• A/C: Central AirSee Remarks
• Heating: Forced Hot AirSee RemarksCoal

Exterior

• General: BrickVinyl Siding
• Parking: Parking spaces: 4

Construction

• Roofing: Asphalt ShingleSee Remarks

Location

• County: Essex

Lot

• Driveway: 2 Car WidthSee Remarks
• Zoning: 1614-01862-0000-00014-0001-

Utilities

• Utilities: See Remarks
• Water: Public Water
• Sewer: Public Sewer

Financial

• Exclusions: All personal possessions.

This listing courtesy of COLDWELL BANKER REALTY